invest in dr
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Environment for
in D mini n R li
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recognized by the state for thecontribution of economic
develo ment
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Environment forForeign Direct Investment
in Dominican Republic
a are e nee s o e coun ry n sstage of its development?
What can we offer to attract ou as apotential investor?
How easy is it to start doing business in
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Environment forForeign Direct Investment
in Dominican Republic
General Statistics at a Glance
Population: 9.5 million Extension: 48,442 km
Government: RepresentativeDemocracy
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Environment forForeign Direct Investment
in Dominican Republic
General Statistics at a Glance
,
GDP per Capita: 4,797
GDP Growth Rate: 5.3% .
Fiscal deficit: 3.7%
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Environment forForeign Direct Investment
in Dominican Republic
General Statistics at a Glance
Forei n Currenc Sources
FDI: 2,884
Remittances: 3,432
Tourism: 4,200
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Needs of t he c oun t r y
Environment forForeign Direct Investment
in Dominican Republic
Nation Speech on February the 27th, 2009
.. regardless of the Global financial turbulences the country couldmaintain a climate of social freedom, democratic governance andmacroeconomic stability
..Only the success of the farming sector guarantees the right of theDominican people to food supply and adequate nutrition...Shall it
ecome a na ona pr or y
..For the government the solution of the electricity problem is one of its
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Needs o f t he coun t r y
Environment forForeign Direct Investment
in Dominican Republic
Investment in
Food industry and agriculture
Energy (production, transmission, management)New technologies
Infrastructure (roads and railways, housing)
Tourism InfrastructureFresh water supply
Services
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Needs o f t he coun t r y
Environment forForeign Direct Investment
in Dominican Republic
Implementation of Greenhouse Farming
Promoting investment to increase Milkroduction
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Needs o f the c ount ry
Environment forForeign Direct Investment
in Dominican Republic
EnergyFor the government the solution of the electricity
problem is one of its highest priorities Investment in renewable electricityproduction
2,000 MW of installed Extra capacity needed
2 x 600 MW Coal Power Plants in planning
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Needs o f t he coun t r y
Environment forForeign Direct Investment
in Dominican Republic
Infrastructure
Railway track Santo Domingo - Santiago
Highway La Romana - Punta Cana
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Needs o f t he coun t r y
Environment forForeign Direct Investment
in Dominican Republic
our sm n rastructure
T ri m R l E Inv m n in hsouth
2009
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Needs o f t he coun t r y
Environment forForeign Direct Investment
in Dominican Republic
res water supp y
Modernisation of the Santo DomingoAqueduct
aqueduct construction in 10 provinces
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Needs o f t he coun t r y
Environment forForeign Direct Investment
in Dominican Republic
Services
Promoting investment in Call Contact Center and
Business Process Outsourcing industry
First Call Center Academy at Parque Ciberneticoin Santo Domin o
Promoting investment in financial Services
Buy FIXED-TERM INVESTMENT CERTIFICATES
from the Dominican Central Bank
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Environment forForeign Direct Investment
in Dominican Republic
van ages o ore ng recInvestment in Dominican Republic
Legal framework for foreign investment up
Preferential market access to the USA,u ,
Nearshore location
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Environment forForeign Direct Investment
in Dominican Republic
Equal Treatment for local and foreign investors
repa r a on o cap a an pro s
Free currency conversion at stable rates
Investment Protection through:
Overseas Private Investment Corporation (OPIC)
Founding Member of the World Trade Organization (WTO)
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Environment forForeign Direct Investment
in Dominican Republic
-Implemented on March 1st, 2007
Increases and Guarantees permanentreferential access for dominican oods
and services to the U.S.A.
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Free Trade Zones
Environment forForeign Direct Investment
in Dominican Republic
62 Industrial Free Zones Parks
600 Companies
, mp oyees, , ,
Tobacco, Electronic Products,erv ces
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Free Trade Zones Incentives
Environment forForeign Direct Investment
in Dominican Republic
Law 8-90
100% Tax exemption
o ncome axes
No Im ort duties on raw materials andequipment
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M in Inv rEnvironment for
Foreign Direct Investmentin Dominican Republic
Company
Codetel (Mexico) entra omana
Shell Company
an
Bank of Nova Scotia
France Telecom
Col ate Palmolive Tricom
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M in Inv rEnvironment for
Foreign Direct Investmentin Dominican Republic
Country
Mexico pa n
Canada
Holland France
Great Britain
wi z rl n
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Environment forForeign Direct Investment
in Dominican Republic
.and be right, come to invest in
Dominican Republic
CCPDEJohn Castro De La Cruz
March 2009